Wavin Industries Ltd - IPO

Wavin Industries Ltd IPO Details

Initial public offering of up to (*) equity shares of face value of Rs. 10 each (equity shares) of Vectus Industries Limited (the company or the issuer) for cash at a price of Rs. (*) per equity share (offer price) aggregating up to Rs. (*) Crores, comprising a fresh issue of up to (*) equity shares aggregating up to Rs. 85 Crores (fresh issue) and an offer for sale of up to 3,898,575 equity shares aggregating up to Rs. (*) Crores, comprising up to 657,341 equity shares by Ashish Baheti and up to 394,405 equity shares by Atul Ladha (together, the promoter selling shareholders) and up to 2,846,829 equity shares by Latinia Limited (the investor selling shareholder) (the investor selling shareholder and the promoter selling shareholders are collectively, the selling shareholders) (the offer for sale, and together with the fresh issue, the offer). The offer will constitute (*)% of the post-offer paid-up equity share capital.The face value of each equity share is Rs.10 each. The offer price is (*) times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Wavin Industries Ltd Contact Details

Wavin Industries Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@vectus.in